AMERICAN EXPRESS COMPANY (NYSE:AXP) Files An 8-K Other Events

ME Staff 8-k
-
0

AMERICAN EXPRESS COMPANY (NYSE:AXP) Files An 8-K Other Events
Item 8.01 Other Events

On August1, 2017, American Express Company (the “Company”) issued $1,850,000,000 aggregate principal amount of 2.500% Notes due August1, 2022 (the “Fixed Rate Notes”) and $400,000,000 aggregate principal amount of Floating Rate Notes due August1, 2022 (the “Floating Rate Notes” and, together with the Fixed Rate Notes, the “Securities”) to a Prospectus Supplement dated July27, 2017 to the Prospectus dated October2, 2015, filed as part of the Company’s Registration Statement on FormS-3 (No.333-207239) (the “Registration Statement”). The Securities were sold to a Terms Agreement (the “Terms Agreement”) dated July27, 2017 among the Company and Barclays Capital Group Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner& Smith Incorporated, as representatives of the several underwriters named therein. The Terms Agreement incorporates by reference the terms and conditions of the Underwriting Agreement Basic Provisions filed as an exhibit to the Registration Statement. The Securities were issued to the Senior Debt Indenture, dated as of August1, 2007, between the Company and The Bank of New York Mellon, as trustee.

The preceding is a summary of the terms of the Terms Agreement and the Securities, and is qualified in its entirety by reference to the Terms Agreement attached as Exhibit1 and the Forms of Global Notes attached as Exhibit4.1 and Exhibit4.2, and each is incorporated herein by reference as though it were fully set forth herein.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

1 Terms Agreement, dated July27, 2017, among the Company, Barclays Capital Group Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner& Smith Incorporated.

4.1 Formof Global Note for the Fixed Rate Notes.

4.2 Formof Global Note for the Floating Rate Notes.

5 Opinion and Consent of David S. Carroll,Esq.

23 Consent of Counsel (included in Exhibit5).


AMERICAN EXPRESS CO Exhibit
EX-1 2 a17-18726_1ex1.htm EX-1 Exhibit 1   TERMS AGREEMENT   Debt Securities   American Express Company 200 Vesey Street New York,…
To view the full exhibit click here

About AMERICAN EXPRESS COMPANY (NYSE:AXP)

American Express Company is a services company. The Company’s principal products and services are charge and credit payment card products, and travel-related services offered to consumers and businesses around the world. The Company’s segments include U.S. Consumer Services (USCS), International Consumer and Network Services (ICNS), Global Commercial Services (GCS) and Global Merchant Services (GMS). The USCS segment includes the U.S. Consumer Card Services business and travel services in the United States. The ICNS segment includes the International Consumer Card Services business, Global Network Services (GNS) business and travel services outside the United States. The GCS segment includes the Global Corporate Payments (GCP) business, small business services businesses in the United States and internationally, merchant financing products and foreign exchange services operations. The GMS segment includes the Global Merchant Services business and global loyalty coalition businesses.